11 What are social security payments?
Transfer payment
12 What will happen to private savings if government increases taxes?
Decreases
13 On whom corporate tax is levied?
Big companies
14 What we get if we deduct direct tax from personal income?
Disposable income
15 Which is the largest part of national income?
Consumption
16 What does transfer payments means?
The payment without work
17 Direct taxes are not part of
Disposable Personal Income
18 By how many methods national income can be measured?
Three (3)
19 What is the difference between GDP and GNP?
GNP = GDP + net income from abroad
20 To get NNP, what we should deduct from GNP?
Depreciation
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